Telephone Easy Access - Saga

Telephone Easy Access

0.55 % AER
Headline Interest Rate
For 12 months
Compensation Scheme
£ 1 min initial deposit
£ 10,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.55 % AER
Headline Interest Balance: £ 1,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Date account was introduced: 30 Mar 2017
Date of last rate changed: 30 Mar 2017
Maximum rate change: -0.15 %

This account may be appropriate for you if

  • You are over 50 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus

Account access

Open account byManage account by
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually
Minimum Balance: £ 1
Maximum Balance: £ 10,000,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed


Minimum Withdrawal: £ 1
Notice and Penalty Charge: no notice, penalty or charge
Free Withdrawal Conditions: Free withdrawals are allowed.
Minimum balance for instant access withdrawals 1
Transferred on Maturity: Balance is transferred to a Telephone Standard Saver Account.


Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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